FAQ

General Obligation (GO) Bonds backed by the City’s full faith and credit, which results in the lowest borrowing cost for capital projects. The City identifies a major project (e.g. a new connecting road) or several similar projects (e.g. seven road intersections) and determines that to complete the projects in a timely manner a debt issuance is needed. (The City does not maintain large amounts of cash to finance these larger capital projects.)

Exemptions make one exempt from paying property tax, ie: Religious Organizations. Deductions deduct a percentage off your assessed value of your home, then that amount is taxed.